Would An Investor Buy My House In Lexington For Close To Asking Price?

Are you looking to sell a house in Lexington, the [market_zipcode} zipcode, or anywhere in KY? Then this blog post will answer the question, “Would an investor buy my house in Lexington for close to asking price?” Keep reading to find out the answer…

When it comes to selling your house, you have a couple of options:

You can sell it on the market by stating your asking price and then working with an agent to try and find a buyer (or trying to find a buyer yourself).

You can skip the “sell-on-the-market” process and just work with a buyer directly (like what we do here at Bluegrass Investment Properties LLC) who can offer you a price for your house.

If you’re wondering, “Would an investor buy my house in Lexington for close to asking price?” then here’s what you need to know:

Why Investors Invest

An investor invests in real estate because they hope to buy at a lower price and either sell at a higher price or rent out the property. Therefore, investors are motivated to find houses that are priced affordably for them to buy.

Before you set your asking price, think about what benefit an investor provides…

Understanding The Asking Price

Your asking price is a starting point for the negotiation. Even if you sell to someone on the market (through the help of a real estate agent), your asking price will be the starting point and the buyer will usually try to negotiate a lower price.

But here’s what most people don’t realize: the asking price has other factors built in… for example, it assumes that you have fixed up and cleaned up your property so it’s in pristine shape and ready for buyers. And, don’t forget that you have to pay bills, insurance, and taxes on your property the whole time an agent tries to find a buyer (which can take months). And then you’ll have to pay the agent a commission, which might be thousands of dollars.

So your asking price has all of these things “built into it”.

An Investor Skips All This

When you work with an investor, you actually skip all of this. You don’t have to fix up or clean up your house so you can save thousands of dollars there. And, you don’t have to pay bills, taxes, and insurance for months while you wait for a buyer to be found, so you save thousands of dollars there. And, you don’t have to pay a commission because no agent was used, so you save thousands of dollars there.

Add it all up: you save thousands of dollars by selling TO an investor instead of selling THROUGH an agent.

Summary

Selling to an investor allows you to sell faster and avoid all those expenses. That’s why an investor might not be able to buy a house near your asking your price. However, the discount you might provide them is money you wouldn’t see anyway while you wait months and “gamble” to sell your house on the open market.

Testimonials

I felt that I was making a new friend!

I can honestly say that selling my house to Clark was a smooth process from first contact to the final closing. I spoke to several potential buyers of this house, but Clark stood out for his courtesy and his frankness from the first time we met. I especially appreciated that he treated me with respect and friendly interest in my goals. The house needed more work than I wanted to deal with before putting it up for sale, but I never felt that Clark was judging me or being condescending towards me. He arranged the house inspection, the title search, and the legal aspects of the sale very quickly and very professionally. The entire process took only a couple of weeks. I had dreaded having to deal with the sale of this house but Clark was an absolute pleasure to work with and he made the process painless. I felt that I was making a new friend.

Rebecca King

He was a blessing! … He helped me out tremendously!

I found Clark online … I was in a very hard spot … He’s a really nice man … He helped me out … Everything went smooth … I was surprised to see how smooth it went … In a couple of weeks or so, he had everything ready for me … I came in and signed and everything was smooth … He was a blessing … He helped me out tremendously … Everything went good.

Bobby Robinson

He really helped me out of a sticky situation!

My mother had passed away … I knew that I had a house to get rid of … Clark quickly took care of everything … He really helped me out of a sticky situation … Here we are today at closing and it’s not even been a month … It’s been an easy road … It’s been really nice working with Clark … He is a genuine person and you can tell he knows how to do business the right way.

Rick Durram

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We are a real estate solutions and investment firm that specializes in helping homeowners get rid of burdensome houses fast. We are investors and problem solvers who can buy your house fast with a fair all cash offer.